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Bob Pisani of CNBC just described a problem that an investor had in
filling her orders with an online broker. Appearantly she put an order
for Earthweb (I believe?) at 54. She didn't get a confirmation and
called the broker. She found out she was filled at 63! After bitterly
complaining several times, her fill was finally adjusted at 57. The
online broker blamed the problem on the market maker. Mr. Pisani
reported that this is becoming a common problem on NASDAQ.
As many on this list recall, several members had a similar problem.
Hopefully now that the problem has been publicized, measures can be
taken to rectify the situaion.
Rgrds
RZ
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